ANIMAL NUTRITION MARKET ANALYSIS

Animal Nutrition MarketSize and Trends

Animal Nutrition Market Dynamics

Growing demand for safe and healthy animal food, restrictions on the use of antibiotics, increasing awareness among producers regarding animal health are major factors driving animal nutrition market growth. Global demand for food of animal origin, including eggs, fish, milk, and meat is also, increasing, in order to provide better nutrition to animals. According to Food and Agriculture Organization, global demand for animal derived-protein will double by 2050. Increasing consumption of animal products and livestock make a crucial contribution to the nutritional and economic wellbeing of millions of people across the globe. There has been an increasing pressure on the livestock sector to meet growing demand for high-value animal protein. Urbanization is a major driving factor supporting demand for livestock products due to improvements in infrastructure, including cold chains, which allow trade in fresh goods. According to Food and Agriculture Organization, in comparison to rural population, city population have a varied diet rich in animal fats and proteins, and characterized by higher consumption of poultry, meat, milk, and other dairy products.